IMAG – Press release

IranConMin to bring the international construction and mining industries to Tehran in November 2018

Munich, 28 June 2018 – For the 14th time, the Iranian trade fair IranConMin has invited the movers and shakers of the international construction and mining industries to Tehran. From 2-5 November 2018 exhibitors will meet at the Tehran Permanent Fairground, where 15,000 square meters of floor space will be dedicated to showcasing their product portfolios for all items related to mining, construction machinery and construction systems. Germany and China will each be represented with their own pavilion, while Poland, Finland and Italy also plan joint appearances. In 2017, around 20,500 professional visitors attended the largest and most international construction trade fair in the region, as did around 300 exhibitors from 15 different countries. Iran continues to offer interesting growth opportunities for small and medium-sized enterprises in particular.

The IranConMin has been the largest construction trade fair in Iran for a number of years, which brings international exhibitors together with the most important decision-makers in Iran and experts from the construction and mining sectors. The trade fair is accompanied by a seminar program which also encourages exchange away from the trade fair stands. There, international experts will discuss the challenges and opportunities faced by the construction and mining sector and showcase current product developments and trends. Since the event began in 1994 it has been hosted by IMAG GmbH, a subsidiary of Messe München, which organizes the IranConMin together with its partners Palar Samaneh Co. and IranMineHouse. IMAG's involvement in Iran goes back a long way, ever since it organized the firstGerman industrial exhibition in Tehran in 1960.

Despite the United States unilaterally withdrawing from the nuclear deal and possibly imposing sanctions, there is still business to be done in Iran. As additional partners to the nuclear deal,European countries but also Russia and China want to make sure that small and medium-sized companies in particular have a solid basis for trading with Iran.

There is a strong need for modernization in Iran. Many facilities are outdated, and large construction and infrastructure projects are in the planning stages or have already begun. As a result of this, the construction sector grew by around five percent in Iran in 2017/18, and is currently benefiting from increased activity in residential construction. The reason for this is the growing population, especially in the cities, as well as increasing real estate prices which makes investing an interesting prospect. In terms of traffic infrastructure, roads need to be rebuilt, and airports, ports and railroads for local and long-distance travel need to be modernized. Thanks to Iran's mineral wealth, the mining sector continues to play a major role in the country. Iran has huge deposits of iron ore, copper and zinc.